Like I said….trade as you wish.
I view this as a “one trick” pony.
As the price of Bitcoin increases AND MSTR issues more and more shares, the premium to NAV will asymptotically approach 1. (In very volatile fashion)
Once the cycle turns, the fast money exiting (those who have no long term interest in Bitcoin) will temporarily drive the price BELOW NAV.
Be careful. I’ve spent 35 years watching traders with a “plan” give back all their early profits in a trade by nothing more than the sheer and obvious “financial gravity”.
Add leaps to the mix, and you are playing with fire 🔥
Much love 😘